What are the key legal & financial obligations for Canadian non-profits?

This episode outlines the post-incorporation responsibilities for Canadian not-for-profit organizations. Key obligations include holding an initial directors' meeting, registering extra-provincially if federally incorporated, filing annual returns, updating registration upon changes in directors or address, maintaining accurate financial statements, and potentially registering with the CRA as a charity. The text emphasizes the importance of compliance with all relevant laws and regulations, suggesting seeking professional legal and accounting advice.This episode is jointly sponsored by B.I.G. Charity Law Group Professional Corporation, a Charity Law Firm exclusively serving charity and not-for-profit clients in Toronto, Ontario and across Canada with registration and governance, and B&H Charity Accounts Group, a bookkeeping firm serving Canadian charities in Ontario with all their financial and tax filing needs.https://www.charitylawgroup.ca/P: 416-488-5888Book a Free Consultation With A Charity Lawyerhttps://www.charityaccountingfirm.ca/P: 289-301-8883